[Federal Register Volume 60, Number 246 (Friday, December 22, 1995)]
[Notices]
[Page 66557]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-31175]



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INTERSTATE COMMERCE COMMISSION
[Finance Docket No. 32735]


North Carolina Ports Railway Commission--Acquisition of Control 
Exemption--Beaufort & Morehead Railway, Inc.

AGENCY: Interstate Commerce Commission.

ACTION: Notice of exemption.

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SUMMARY: The Commission, under 49 U.S.C. 10505, exempts from the prior 
approval requirements of 49 U.S.C. 11343-45 the acquisition of control 
by North Carolina Ports Railway Commission (NCPRC) of Beaufort & 
Morehead Railway, Inc. (BMRI). NCPRC, a noncarrier, currently controls 
the Beaufort & Morehead Railroad Company. To avoid unlawful control by 
NCPRC, BMRI is being held in an independent voting trust pending 
Commission approval or exemption of this control transaction. The 
exemption is subject to standard labor protective conditions.

DATES: This exemption will be effective on January 21, 1996. Petitions 
for stay must be filed by January 2, 1996. Petitions to reopen must be 
filed by January 11, 1996.

ADDRESSES: Send pleadings referring to Finance Docket No. 32735 to: (1) 
Office of the Secretary, Case Control Branch, Interstate Commerce 
Commission,1 1201 Constitution Avenue, N.W., Washington, DC 20423; 
and (2) Petitioner's representative: Fritz R. Kahn, 1100 New York 
Avenue, N.W., Suite 750 West, Washington, DC 20005-3934.

    \1\  Legislation to sunset the Commission on December 31, 1995, 
and transfer remaining functions is now under consideration in 
Congress. Until further notice, parties submitting pleadings should 
continue to use the current name and address.

FOR FURTHER INFORMATION CONTACT: Beryl Gordon, (202) 927-5610. [TDD for 
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the hearing impaired: (202) 927-5721.]

SUPPLEMENTARY INFORMATION: Additional information is contained in the 
Commission's decision. To purchase a copy of the full decision, write 
to, call, or pick up in person from: DC NEWS & DATA, INC., Room 2229, 
Interstate Commerce Commission Building, 1201 Constitution Avenue, 
N.W., Washington, DC 20423. Telephone: (202) 289-4357/4359. [Assistance 
for the hearing impaired is available through TDD services at (202) 
927-5721.]

    Decided: December 13, 1995.

    By the Commission, Chairman Morgan, Vice Chairman Owen, and 
Commissioner Simmons.
Vernon A. Williams,
Secretary.
[FR Doc. 95-31175 Filed 12-21-95; 8:45 am]
BILLING CODE 7035-01-P